Sold

500 Allendale Drive, Decatur, GA 30032

Beds
3
Bath
1
Sqft
981
Garage
Yes

View property features, location on map, relevant school information and overview from seller's agent.

Listed byKeller Williams Realty
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Overview

East Lake Terrace Fixer Upper! Discover the exceptional potential of this East Lake area fixer-upper offered at $169,900! Perfectly positioned just one block from the world-renowned East Lake Golf Club, home of the PGA Tour Championship, this investment offers an unparalleled chance to capitalize on one of Atlanta's most rapidly appreciating neighborhoods.The home sits on a desirable, level lot surrounded by beautiful, established residences and is just steps away from the fairways. Furthermore, it's just a few blocks away from the Candler Crossing Development at Glenwood and Candler, a $28.9 million revitalization project. This major development will feature a new Publix, a renovated MARTA stop, and is projected to open in 2027, promising significant appreciation and lifestyle enhancements for the area. Check out the surrounding renovated comps and new construction sale prices. There are multiple exit strategies for this deal. Buy, fix and add to your rental portfolio (ARVs: $200,000 to $275,000), renovate and flip/renovate with additional square footage and flip (ARVs: Mid-$300,000 to Mid-$500,000) or do a build new ($600,000 to $1,400,000)! See attached documents including a foundation inspection and a quote for foundation repair and a rental grade rehab. Please do your due diligence (inspections, contractor estimates and capital expenditure budget) prior to submitting an offer to eliminate the due diligence period.

Location

Full feature list

Basic info

Property type
House
Number of stories
1
Number of bedrooms
3
Number of bathrooms
1
Square feet
981
Lot size (acres)
0.25
Year built
1949

Exterior features

Area amenities
Golf Course

Garage and parking

Garage parking spaces
1

Utilities

Heating
Central, Natural gas, Forced air
Cooling
Central air, Electric
Sewer
Public sewer
Water
Public

Taxes

Tax Annual Amount (2025)
$4,135

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Georgia MLS MLS®#: 10687060 Last checked:

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